The Entertainment Software Association, the US trade organization that puts on the annual E3 show in Los Angeles tells Joystiq, "This industry, like all software developers who would be impacted under this proposal, invests billions of dollars every year in research and development and this proposal threatens American technological advancement and economic growth. We look forward to continuing to educate policymakers on our societal and economic contributions and the need to preserve and expand this unique industry."
Although the executive summary mentions video games, the actual bill's language doesn't. However, it does exclude software development from the tax credit, which would be an even bigger issue.
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